Government News

Indian Immunologicals Limited (IIL) announced that the company will invest about Rs 700 Crores to set up a new animal vaccine manufacturing facility in Genome Valley, Hyderabad.

The IIL, a subsidiary of the National Dairy Development Board (NDDB), is already one of the world’s largest FMD vaccine manufacturers. It is also the leading vaccine supplier to the Government of India’s National Animal Disease Control Programme (NADCP).

NPPA has received requests from few companies about trade margin clarification of cardiac stents. On which, NPPA notified that ceiling prices of cardiac stent remains same as earlier without any changes as notified on 30th March 2022 till further notice.

Government constitutes a committee on affordable medicines and health products to address the issues of pharma industries giving temptation for prescribing medicines.

The committee is chaired by Niti ayog and contains five members which includes, Chief Economic Adviser, Ministry of Finance; Secretary, Department of Health Research; Vice-Chairperson, NLEM Joint; Secretary, Department of Industrial Policy & Promotion; and Director General of Health Services, Ministry of Health & Family Welfare.

Sitagliptin, a new variant of medicines for diabetes, launched at affordable prices for all under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana. PMBI included new variants of medicines Sitagliptin and its combination in its all Jan Aushdhi Kendras.

Sitagliptin is indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. All these variants are available at 60% to 70% lesser prices than branded variants.

Competition and Markets Authority (CMA) found that Pfizer and Flynn charged unfairly high prices for phenytoin sodium capsules for over 4 years, ultimately paid for by the NHS. These two companies are fined for 70 mn pound out of which Pfizer fined pound 63 million and Flynn fined for pound 6.7 million.

Many anticancer ​and several other medicines are getting cheaper after their inclusion in the National List of Essential Medicines (NLEM) 2022 by the Government of India. The medicines in NLEM should be available at affordable costs fixed by National Pharmaceutical Pricing Authority and with assured quality.

Indian Pharmacopoeia commission (IPC) to add 8 chemical monographs and 7 Veterinary Monographs and open them for Public Review and Comments.

IPC to add chemical monographs which include, Aceclofenac and paracetamol Tablets, Azacitidine for Injection, Ethamsylate, Lactulose Solution, Atropine Ophthalmic solution, Moxifloxacin Tablets, Remogliflozin Etabonate and Remogliflozin Tablets.

​​CDSCO has approved a recombinant nasal vaccine for COVID-19 for restricted use in emergency situations.It is a recombinant replication deficient adenovirus vectored vaccine with a prefusion stabilised spike protein.

Dr Mansukh Mandaviya Minister of Health and Family Welfare informed today that Bharat Biotech's ChAd36-SARS-CoV-S COVID-19 (Chimpanzee Adenovirus Vectored) recombinant nasal vaccine approved by CDSCO for primary immunization against COVID-19 in 18 plus age group for restricted use in emergency situation.

​With inflation reduction act, Medicare finally having the power to negotiate prescription drug prices with pharmaceutical industries which will affect millions of Americans across all 50 states and the District of Columbia

It will lead to prescription drug costs capped at USD 2,000 annually in Medicare, and will save hundreds of dollars per year on health insurance premiums because of the law.